RealNews

Nigeria: Govt, Others Confused As Oil Crashes to U.S. $38

Nigeria and other oil producing countries are yet to overcome the confusion emanating from the sinking prices of oil, their major source of revenue as the commodity failed at the weekend to climb the $40 mark. Oil, which last July surged to $147, crashed further to $38 a barrel before the end of weekend’s transaction, recording a $7 deficit on every barrel of oil sold from Nigeria. (Full Story)

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